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FINANCIAL AID
FAFSA__________________________________________ |
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The U.S. Department of Education (ED) has announced that the FAFSA on the Web is live, which means that students can now apply for Federal student aid over the Internet. FAFSA on the Web is easy to use and makes applying for student aid faster.
According to the U.S. Department of Education, FAFSA on the Web was designed with the student in mind. It has a user-friendly interface, extensive on-line instructions, and a search engine for selecting institutional Title IV Codes. It will also edit student information as it is entered, ensuring better data quality and reduced rejection rates. Students need to visit http://www.fafsa.ed.gov where they can enter their FAFSA information online and transmit that information directly to the Central Processing System (CPS) over the Internet. Students can apply the privacy of their home or dorm room, or at thousands of high schools, libraries, and colleges. While FAFSA on the Web offers an alternative to the paper application, students will need to sign and submit an original signature to fully complete the application process If the student has a printer available, the software will print a copy of the applicant data and the signature page. The U.S. Department of Education will then hold that student's record for 14 days while waiting for the signature page to arrive. If the student does not send in a valid signature page within 14 days, the CPS will print a SAR and request that the student (and parent, if dependent) sign it and return it to the FAFSA processor. If the applicant does not have access to a printer at the time of transmission, the CPS will immediately send a Student Aid Report (SAR) to the student requesting the appropriate signatures. Once all appropriate signatures are sent to the FAFSA processor, the CPS can calculate the student's Expected Family Contribution (EFC). Students and parents can receive assistance in completing FAFSA on the Web by calling 1-800-433-3243. |
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